Neuberger Berman
The Alternatives Finance Group serves as an intermediary between private equity portfolio managers and external partners, including fund administrators, auditors, and tax professionals. The Assistant Controller is responsible for overseeing all aspects of fund reporting operations for multiple private equity funds across the Neuberger Berman platform, as well as providing oversight of fund administrators in recording and reconciling transactions within the portfolio management and accounting systems. Additionally, this position assists with the preparation of historical investment performance analyses, financial statements, and related reports. Private Equity is a rapidly growing business within Neuberger Berman, with over $187 billion in AUM spanning fund of funds, secondary investments, co-investments, and other strategies.
Responsibilities:
Serve as a key member of the finance team overseeing accounting and financial reporting for Neuberger Berman’s Secondary Funds business
Support accounting and financial reporting oversight for Neuberger Berman’s broader Private Equity platform
Oversee fund administrators responsible for preparing quarterly financial statements, capital account statements, capital calls, and distribution notices
Review audited financial statements and related footnote disclosures
Review and analyze distribution waterfalls in accordance with fund legal documents
Review partnership and fund IRRs on a quarterly basis
Review management fee calculations
Collaborate with audit and tax professionals to support year-end audit and tax reporting processes
Prepare detailed cash projections for fund liquidity management
Partner with marketing to prepare LP-specific reporting and respond to prospective client RFPs
Work with investor relations to address LP inquiries
Complete various ad-hoc requests from senior management and portfolio managers
Support SEC and other regulatory compliance activities as needed
Qualifications:
Bachelor’s degree or higher in Accounting or Finance
Strong understanding of accounting principles, fund accounting, and financial reporting
4–7 years of accounting/finance experience; CPA preferred
Highly detail-oriented and organized
Ability to meet assigned deadlines
Excellent communication and interpersonal skills, with a client-service orientation
Ability to operate independently with minimal supervision
Proficiency with Microsoft Office applications and email
Demonstrated ability to collaborate effectively with colleagues, management, and external partners to achieve results
#LI-Hybrid
#LI-MB1
Compensation Details
The salary range for this role is $110,000-$135,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Neuberger Berman is an equal
opportunity
employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact
onlineaccommodations@nb.com
.
Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) .
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $515 billion in client assets (as of March 31, 2025) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.
Tenured, stable and long-term in focus, the firm has built a diverse team—including 760-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by
Pensions & Investments
as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).
Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles.
For important disclosures: http://www.nb.com/linkedin
Responsibilities:
Serve as a key member of the finance team overseeing accounting and financial reporting for Neuberger Berman’s Secondary Funds business
Support accounting and financial reporting oversight for Neuberger Berman’s broader Private Equity platform
Oversee fund administrators responsible for preparing quarterly financial statements, capital account statements, capital calls, and distribution notices
Review audited financial statements and related footnote disclosures
Review and analyze distribution waterfalls in accordance with fund legal documents
Review partnership and fund IRRs on a quarterly basis
Review management fee calculations
Collaborate with audit and tax professionals to support year-end audit and tax reporting processes
Prepare detailed cash projections for fund liquidity management
Partner with marketing to prepare LP-specific reporting and respond to prospective client RFPs
Work with investor relations to address LP inquiries
Complete various ad-hoc requests from senior management and portfolio managers
Support SEC and other regulatory compliance activities as needed
Qualifications:
Bachelor’s degree or higher in Accounting or Finance
Strong understanding of accounting principles, fund accounting, and financial reporting
4–7 years of accounting/finance experience; CPA preferred
Highly detail-oriented and organized
Ability to meet assigned deadlines
Excellent communication and interpersonal skills, with a client-service orientation
Ability to operate independently with minimal supervision
Proficiency with Microsoft Office applications and email
Demonstrated ability to collaborate effectively with colleagues, management, and external partners to achieve results
#LI-Hybrid
#LI-MB1
Compensation Details
The salary range for this role is $110,000-$135,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Neuberger Berman is an equal
opportunity
employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact
onlineaccommodations@nb.com
.
Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) .
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $515 billion in client assets (as of March 31, 2025) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.
Tenured, stable and long-term in focus, the firm has built a diverse team—including 760-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by
Pensions & Investments
as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees).
Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles.
For important disclosures: http://www.nb.com/linkedin